Butter Market to Reach USD 56.03 Billion by 2030 with 4.11% CAGR

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡: 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐀𝐜𝐫𝐨𝐬𝐬 𝐊𝐞𝐲 𝐑𝐞𝐠𝐢𝐨𝐧𝐬

The Butter Market is witnessing steady growth, driven by increasing demand from the food and beverage industry, rising consumer preference for natural products, and innovations in flavored and organic butter. Valued at US D 42.26 Bn. in 2023, the market is projected to grow at a CAGR of 4.11% from 2024 to 2030, reaching approximately US D 56.03 Bn. by 2030.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 @https://www.maximizemarketresearch.com/request-sample/148628/

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's butter market is expanding due to increased urbanization and rising consumer demand for Western-style baked goods. Companies like 𝐕𝐢𝐧𝐚𝐦𝐢𝐥𝐤 are investing in product diversification and partnerships with global dairy brands. Government incentives supporting dairy farming are further fueling market growth.

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's demand for butter is increasing, driven by its booming foodservice and bakery industries. Collaborations between local producers and international brands like 𝐅𝐨𝐧𝐭𝐞𝐫𝐫𝐚 have improved the availability of high-quality butter. The Thai government's focus on boosting the dairy sector provides additional opportunities.

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan's butter market is characterized by a shift toward premium and organic options. Companies like 𝐌𝐞𝐠𝐦𝐢𝐥𝐤 𝐒𝐧𝐨𝐰 𝐁𝐫𝐚𝐧𝐝 and 𝐌𝐨𝐫𝐢𝐧𝐚𝐠𝐚 𝐌𝐢𝐥𝐤 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 are expanding their portfolios with innovative products. Strategic mergers and collaborations, such as Megmilk's partnerships with bakery chains, underline consolidation trends.

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚

China's butter market is experiencing robust growth due to increasing Western-style bakery consumption and the rise of e-commerce platforms. Companies like 𝐈𝐧𝐧𝐞𝐫 𝐌𝐨𝐧𝐠𝐨𝐥𝐢𝐚 𝐘𝐢𝐥𝐢 and 𝐌𝐞𝐧𝐠𝐧𝐢𝐮 𝐃𝐚𝐢𝐫𝐲 are investing in local production to meet rising demand. Government policies supporting dairy import diversification are further enhancing market dynamics.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐯𝐢𝐚 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/148628/

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's butter market is growing due to rising demand for premium and organic dairy products. Companies like 𝐒𝐞𝐨𝐮𝐥 𝐃𝐚𝐢𝐫𝐲 𝐂𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐯𝐞 and 𝐌𝐚𝐞𝐢𝐥 𝐃𝐚𝐢𝐫𝐢𝐞𝐬 are introducing high-quality butter to cater to health-conscious consumers. Partnerships with global dairy brands are further boosting market innovation.

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore's butter market benefits from its thriving foodservice industry and consumer preference for artisanal and gourmet products. Companies like 𝐀𝐧𝐜𝐡𝐨𝐫 and 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 are collaborating with local distributors to strengthen their presence. The government's initiatives promoting sustainable packaging for food products further add to market growth.

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The United States remains one of the largest markets for butter, driven by the rising popularity of baked goods and organic food products. Key players such as 𝐋𝐚𝐧𝐝 𝐎'𝐋𝐚𝐤𝐞𝐬, 𝐊𝐞𝐫𝐫𝐲𝐠𝐨𝐥𝐝, and 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐕𝐚𝐥𝐥𝐞𝐲 are expanding their portfolios with grass-fed and flavored butter options. Innovations in sustainable packaging are shaping the future of the market.

𝐁𝐮𝐭𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe's butter market is dominated by high-quality and specialty butter products, with companies like 𝐀𝐫𝐥𝐚 𝐅𝐨𝐨𝐝𝐬, 𝐋𝐚𝐜𝐭𝐚𝐥𝐢𝐬, 𝐚𝐧𝐝 𝐊𝐞𝐫𝐫𝐲𝐠𝐨𝐥𝐝 leading the way. Strategic acquisitions and partnerships, such as Arla Foods' investments in premium butter production, are consolidating the market. EU policies promoting dairy sustainability further enhance growth prospects.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

𝐕𝐢𝐧𝐚𝐦𝐢𝐥𝐤 partnered with international dairy brands to enhance butter production and export capacity in Vietnam.
𝐅𝐨𝐧𝐭𝐞𝐫𝐫𝐚 expanded its operations in Thailand by launching a new range of premium butter for the foodservice sector.
𝐀𝐫𝐥𝐚 𝐅𝐨𝐨𝐝𝐬 announced investments in organic butter production facilities across Europe.
𝐋𝐚𝐧𝐝 𝐎'𝐋𝐚𝐤𝐞𝐬 introduced innovative flavored butter options targeting health-conscious consumers in the US.

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 :https://www.maximizemarketresearch.com/request-sample/148628/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐛𝐲 𝐍𝐚𝐭𝐮𝐫𝐞

Organic
Conventional

The two segments of the butter market are conventional and organic. Despite their high price and difficult availability, consumers' growing health consciousness has led to a remarkable demand for organic products. Consumers who are concerned about their health choose private label items since they are good, reliable, and affordable. These shifts in preference have opened up new markets for producers of organic goods. As a result of consumer demand, many producers have started selling organic butter.

𝐛𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞

Food Processing Industry
Foodservice Industry
Retail/Household

The butter market is divided into three segments: retail/household, foodservice, and food processing. In the food industry, butter is typically used to make a variety of food items as well as for frying and making sauces.It is used to season a variety of packaged foods and snacks, such as wafers and sweets. Millennials' desire for unique flavors and sensations is expected to create chances for butter producers. Additionally, the increased usage of inexpensive food in developing economies due to busier lifestyles and increased consumption of food consumed outside the home is driving greater demand for butter in the food service sector.

𝐛𝐲 𝐅𝐨𝐫𝐦

Spreadable
Non-spreadable

𝐆𝐞𝐭 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:https://www.maximizemarketresearch.com/market-report/butter-market/148628/
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

1.Royal FrieslandCampina N.V
2.Fonterra Co-operative Group Limited
3.Groupe Lactalis S.A.
4.Arla Foods amba
5.Amul (GCMMF)
6.Dean Foods Co
7.Glanbia Plc.
8.Saputo Inc.
9.Dairy Farmers of America
10.Valio Oy
11.Meiji Holdings Company, Ltd.
12.Land O' Lakes, Inc.
13.Granarolo S.P.A.
14.Nestlé S.A.
15.Kerry Group
16.Sodiaal International SA
17.Britannia Industries Ltd

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